Co-op Bank Offers Quick Loans for Valentine’s Through MCo-opCash

By Milton Were

As Valentine’s Day approaches, Co-op Bank is making it easier for Kenyans to access quick loans through its MCo-opCash mobile loan service. Customers with salary or business accounts can borrow up to KES 1 million instantly without paperwork, phone calls, or collateral, ensuring they can make their celebrations memorable.

How to Apply for an MCo-opCash Loan

Co-op Bank customers can apply for an MCo-opCash loan using a simple process:

Dial *667# or download the MCo-opCash app.
Register for free on your mobile phone.
Log in with your MCo-opCash PIN.
Select E-loans.
Check your loan limit.
Click on Apply Loan and follow the steps.

Once approved, the funds are deposited into the customer’s MCo-opCash wallet, a virtual account linked to their mobile number. The money can be used directly or transferred to their primary Co-op Bank account.

How to Check Your Loan Limit

Customers can determine their borrowing eligibility by:

Dialing *667#.
Logging in to the MCo-opCash app.
Selecting Check Limit.

This provides an instant update on the amount available for borrowing.

Secure and Convenient Payments with a Co-op ATM Card

To enhance convenience, Co-op Bank encourages customers to use their Co-op ATM card for seamless transactions during Valentine’s festivities. The card eliminates the need to carry cash and can be used at multiple outlets.

The only deduction made is the cost of the item purchased.
Every transaction requires the customer’s ATM PIN for security.
The VISA-branded card is accepted for payments in Kenya and abroad.

Easy Payments via PayBill or Till Number

Customers can also make direct payments using *667# or the Co-op Bank app:

Paying via *667#:

Dial *667# and log in.
Select option 7 (PayBill/Till).
Complete the transaction.

Paying via App/Web:

Log in to the Co-op Bank app or web portal.
Select ‘Bills’ then ‘Till’ or ‘PayBill’.
Enter details and confirm payment.

With these flexible financial solutions, Co-op Bank ensures that Kenyans can access funds conveniently and make secure payments. As Valentine’s Day draws near, the bank’s MCo-opCash loans provide a quick, stress-free way for customers to enjoy their celebrations without financial strain.